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Independent voices from the The Washington Times Communities
Topic - Jeroen Dijsselbloem
Stocks reversed an early rise on Wall Street Monday as traders returned to worrying about the European economy.
A Dutch finance minister took over Monday as head of the eurogroup, the group of the 17 eurozone finance ministers, giving him one of the top jobs in Europe's battle to end its financial crisis.
"If the bank can't do it, then we'll talk to the shareholders and the bondholders, we'll ask them to contribute in recapitalizing the bank, and if necessary the uninsured deposit holders," said Jeroen Dijsselbloem, who chairs meetings of finance ministers from nations that use the euro, in an interview with the Financial Times and Reuters.
Dutch Finance Minister Jeroen Dijsselbloem, the new head of the eurozone's finance ministers, said in Brussels, "Restoring further trust in the euro and building economic prospectives for the countries, that's the main task at hand."